414 Whiteman Hill RdNew MartinsvilleWV26155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Martinsville at 414 Whiteman Hill Rd, New Martinsville, WV, 26155 priced at $193,000 converts $1,440/mo rent into $323/mo cash flow after a $945/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $3,875/yr on $63,980 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 8.95% against a $193,000 entry. Equity gained on principal adds $1,245/yr, while 5% annual appreciation compiles into $53,322 by year five. Five-year ROI reaches 134.79% and total cumulative return in cash sums $86,238. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $945/mo payment, not borrower’s personal income.
Single Family
Built in 1956
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26155, New Martinsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,923 (100%) |
| Owner Occupied HU | 2,559 (65.2%) |
| Renter Occupied HU | 840 (21.4%) |
| Vacant Housing Units | 524 (13.4%) |
| Median Home Value | $146,537 |
| Average Home Value | $149,352 |
Housing Distribution
Address Breakdown
Residential
3,970
Single Family
3,823
Multi-Family
147
Businesses
367
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Listed by: Sally Greathouse • Century 21 Greathouse Realty
Mls Name: Wheeling BOR
Mls ID: #140020